Management And Entrepreneurship

Management and Entrepreneurship-06AL51
Unit VII: Institutional Support
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2-7 8-18

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1 2 Karnataka( TCSOK)

Schemes
Technical Consultancy Services Organisation Of

Karnataka Industrial Areas Development Board (KIADB) Karnataka State Small Industries Development Corporation Limited.(KSSIDCL) Micro, Small and Medium Enterprises or SISI Small Industries Development Bank Of India(SIDBI) Karnataka State Finance Corporation (KSFC)

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19-32

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33-36 37-50

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TECHNICAL CONSULTANCY SERVICES ORGANISATION OF KARNATAKA( TCSOK)
Technical Consultancy Services Organisation of Karnataka (TECSOK), is a multidisciplinary technical, industrial and management consultancy organization set up. It was established in the year 1976 by the Government of Karnataka. The primary objective of founding TECSOK was to provide reliable consultancy support for entrepreneurs to start up self employment ventures in Karnataka, India. TECSOK is a multidisciplinary management consultancy organization promoted by the Government of Karnataka to provide reliable consultancy services in India. TECSOK has been excelling its expertise in a wide range of services. The package of services includes feasibility studies, market research, valuation of assets, environment impact studies, energy management and audit, management studies like corporate plan, reorganization and restructuring of enterprises, man power planning, budgetary control systems, mergers and acquisitions, investment opportunities, technology transfers, diagnostic studies and also designing and organizing training programmes in all related areas. Of late, TECSOK is also concentrating on studies relating to Cleaner Production technologies and methods. TECSOK has been considered by the Government of Karnataka, Government of India, State & Central Financial Institutions, Commercial Banks, Asian Development Bank and a host of other institutions of the Government and Private as the recognized consultancy agency. TECSOK has been recognized as the State Nodal Agency by the Ministry of Food Processing Industries, Govt of India to operate the Ministry's PromotionalSchemesinKarnataka.

A Powerhouse of Expertise
The TECSOK consultancy is driven by top-notch professionals from different disciplines; engineers, management experts, economists and financial consultants. TECSOK partners with reputed national and multinational consultants, outsourcing expertise for professional synergy.

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What TECSOK can do for you
As an investor, there are many imponderables that will engage your mind. For instance, you would like to have reliable information on the kind of product that would be feasible, the location for your industry, and the procedures for establishing the industry. Other inputs you may require would be in the area of market research, manpower planning, technology, environmental issues etc. TECSOK, with its vast experience will provide you valuable insights and practical solutions in all of these areas and others in which you may need assistance. With its range of services, TECSOK offers a single platform from which you can get all the inputs you require.

Services TECSOK has been excelling its expertise in a wide range of services. U can rely on TECSOK for
• • • • • • • • • • • • • • • • Location Specific identification of investment opportunities. Assistance in obtaining statutory and procedural clearances. Feasibility studies and environment impact studies. Preparation of detailed project reports as per investment norms and financial norms.. Market survey and research. Project implementation and turn key assistance. Reorganization and restructuring of enterprises. Valuation of assets, man power planning & budgetary control system. Energy management & audit, corporate plan, technology transfer. Diagnostic studies and rehabilitation of sick industries. Designing and organizing training programmes Since its inception, TECSOK has catalysed a large number of industries throughout the province. Management studies, company formation, corporate plan, enterprise restructuring. Port tariff study and related areas. Consultancy for agro-base industries as a Nodal Agency of Government of India. Consultancy for merger/takeovers.

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Management And Entrepreneurship • Infrastructure development project reports.

Projects MAJOR PROJECTS HANDLED An Enviable Track Record: TECSOK's performance across industries and geographies has earned for itself a reputation
for speed, accuracy and vision. A few of the projects handled are listed: A. Project Conceptualization & Monitoring • • • • • Project Conceptualization & Monitoring. Monitoring the construction of Living-cum-work sheds for the sectors of Handloom. Handicrafts, leather, and SSI under Dutch assistance. Karnataka Urban Development Project-Shelter and Water Supply for World Bank assistance. Conceptualization of Kaigarika Vikasa Scheme for development of Backward Taluks. Entrepreneurship training for Project Affected Families of Project Sea Bird, Karwar.

B. Viability Report for Infrastructure Development • • • Report for development of Growth Centers at Dharwad, Raichur and Hassan. Study on Infrastructure availability in the leading States. Feasibility study on Hassan Airport.

C. Potential Studies / Techno-Economic Surveys • • • • District Potential Study and Project Reports under Swarnajayanti Gram Swarozgar Yojana for 10 districts in Karnataka. Techno-Economic surveys of major districts of Karnataka. Technology profile study of Karnataka. Resource Mapping of 39 Most Backward Taluks. • • Demand survey for setting up Tertiary Treated Water plant in Bangalore. Study Report on availability of raw materials and scope for new Solvent Extraction

D. Market Survey / Assessment

plants in Karnataka

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Management And Entrepreneurship • • • • • • • • • Study on working of Alcohol based chemical units to assess the utilization of allotted Study on Energy conservation measures in energy Intensive Industries. Study report on fixing tariff rates for utilizing the services of Jawaharlal Nehru Port Fixing vessel related charges for Murmugoa Port Trust, Goa. Study on Consultancy capabilities in Karnataka. Study on various aspects of lending by NABARD for non-farm sector in 14 districts of Survey of Rice Mills to assess the potential for establishment of edible grade Rice Bran Market study on Natural Gas in Karnataka. Market intelligence Report on Packaged Tender Coconut Water.

RS/DS.

Trust, Mumbai.

Karnataka. oil units.

E. Evaluation of Impact Assessment • • • • • • Report on District Industrial Training Centre & Artisan Training Institute in Karnataka. Rural Industries Programme of NABARD at Bellary. Concurrent evaluation of Indira Awas Yojana and Million Well Scheme in the State of Evaluation Study of all the Schemes of Ministry of Rural Development in four Blocks of Study on Socio-Economic Impact of Indo Danish Fisheries Project at Tadri, U.K District. Evaluation of Schemes of KMDC.

Tamil Nadu. Mysore and Bellary districts.

F. Policy, Prospective Plans & special studies • • • Formulation of New Industrial Policy and Package of Incentives and Concessions during 1982, 1988, 1990, 1993, 1996 2001& 2006. Perspective plan for Karnataka Industrial Areas Development Board, an Infrastructural development agency of the State. Appraisal studies of 15 State Public Sector Enterprises

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Clients
A Testimony to our capability to serve • • • • • • • • • • • • • • Ministry of Food Processing Industries Govt. of India. Department of Scientific and Industrial Research (DSIR), Govt. of India. Council for Advancement of People's Action and Rural technology (CAPART), New Delhi. Technology Information, Forecasting and Assessement Council (TIFAC), New Delhi. Jungle Lodges and Resorts Ltd., Bangalore. Industrial Development Bank of India, (IDBI), Mumbai. State Level Financial Institutions and Developmental Agencies. Commercial Banks. Karnataka State Bureau of Public Enterprises(KSBPE),Bangalore Danish Embassy, New Delhi. Jawaharlal Nehru Port Trust, Mumbai. Ford Foundation, New Delhi. Heycarb, Colombo, Sri Lanka. Major Port Trusts in India.

Departments of • • • • • • Industries and Commerce, Govt. of Karnataka Fisheries, Govt. of Karnataka Sericulture, Govt. of Karnataka Tourism, Govt. of Karnataka Rural Development and Panchayat Raj. Govt. of Karnataka Women and children Development, Govt. of Karnataka

Manpower

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Management And Entrepreneurship TECSOK has over 25 well experienced Engineers of different discipline, MBA's, Finance professional apart from outside subject experts associated as empanelled consultants involved on assignment basis. The areas of specialization of these consultants include: • • • • • • • • • • • • • • Electrical, Electronics, Telecommunication, Informatics and Computer Appilcation. Pollution Control measures, Environment Management Plan and Environment Impact Assessement. Metallurgical, Mechanical, Civil and Infrastructure Development. Textiles, Sericulture, Garments. Energy Management, Non Conventional Energy use. Market Research, Data collection and Market Surveys. Chemical, Pharmaceutical and Plastic Engineering. Corporate plans, Techno-Economic studies, Management consultancy. Rural Development, Training, Publications, Information. International Trade, Business Development, Chartered Engineering Services, Valuation Studies. Agriculture, Horticulture based Industries, Food Processing. Women Development, Women Entrepreneurship, Training need assessment. Design and Delivery of training programmes, Institution Building, Re-organization & Human Resource management. Curriculum vitae of Individual consultants on specific assignment can be had from TECSOK on request

Contact Us

Chief Adviser & CEO (AGovt.of Karnataka Organisation) 4th Floor, Basava Bhavan, Basaveshwara Circle Bangalore - 560001. India Tel:+91-80-22266134 / 22266152 / 41512382 / 41138381

1. Technical Consultancy Services Organization of Karnataka

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Management And Entrepreneurship Fax:+91-80-22266138 E-mail:tecsok@bgl.vsnl.net.in http://www.tecsok.com

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Karnataka Industrial Areas Development Board (KIADB)
Karnataka Industrial Areas Development Board (KIADB) is a wholly owned infrastructure agency of Government of Karnataka, set up under Karnataka Industrial Areas Development Act of 1966. This Board functions as per statutory provisions, rules and regulations enacted there under. The Board comprises of senior government officers in their ex-officio capacities. The Board of members meet regularly to take decisions and monitor the functions. KIADB holds pride in being the first government organisation in Karnataka to obtain ISO 9001 certification in the year 1997. Now the KIADB is following ISO 9001:2000 module covering its functions of Land Acquisition, Development and Allotment functions in Bangalore Urban and Rural districts.

Aims and Objectives :
• • • •

Promote rapid and orderly development of industries in the state. Assist in implementation of policies of government within the purview of KIAD Act. Facilitate for establishing infrastructure projects. Function on corporate lines, with “No Profit – No Loss” policy.

Functions :
• • • •

Acquire land and form industrial areas. Provide all infrastructure to such industrial areas. Acquire land for Single Unit Complexes. Acquire land for Government agencies for their schemes and infrastructure projects.

KIADB - as a premier industrial area developer

KIADB has also acquired lands to cater the specific needs of individual industrial units (Single
Unit Complexes). The Board also acquires land for infrastructure projects of the Government.

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Management And Entrepreneurship We promote projects of public importance in joint venture with organizations of international repute. The vision of KIADB and world class infrastructure has made investors all over the world take notice of Karnataka as the premier destination for their startups and ventures. Till date, KIADB has formed 95 industrial areas spread all over the State, and acquired land for nearly 290 Single Unit Complexes ensuring balanced industrial development in all regions with well thought of infrastructures and unique features.

Infrastructures in Industrial Area
Few prominent industrial areas:  Peenya, Electronic City, Export Promotion Industrial Park (EPIP) in Bangalore.  Hebbal in Mysore.  Baikampady in Mangalore.  Tarihal in Dharwar.  Kakati in Belgaum.  Auto Complex in Shimoga. World's leading Companies have rose up in glory on the infrastructure set by KIADB. This apart, KIADB has envisaged several innovative projects up its sleeve like Agro -Tech Parks, Apparel Park, Auto Parks, Hardware Park, Bio-Tech Park, EPIPs, Special Economic Zones etc. Some of the projects of KIADB executed with high degree of professionalism: Acquisition of about 4316.25 acres of lands for Bangalore International Airport Ltd . Acquisition of about 1850 acres of lands for Harbour at Tadri in Uttara Kannada Dist. Acquisition of about 1958 acres of lands for M/s MRPL at Mangalore and rehabilitation of about 610 displaced families with modern infrastructure. Acquiring & Developing of about 430 acres of land for M/s Toyota in Bidadi at Bangalore Dist.

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Functional units of KIADB :Acquisition Wing:
This wing conducts the proceedings of acquisition and hands over the land to KIADB. Special Deputy Commissioner heads acquisition wing and assisted by Special Land Acquisition officers at zonal level. This section is an arm of Government which conducts the proceedings. Board identifies land for development of industrial areas, for single unit complexes, projects & schemes envisaged by Government. On ascertaining the suitability of land, notifications under relevant provisions are issued under KIAD Act of 1966 with approval of Government. Thus the action of acquisition of land is initiated.

Engineering Wing:
Engineering section prepares a design & development plan taking into consideration different parameters like:  Infrastructure requirements.  Statutory & Regulatory requirements.  Co-ordination with other agencies. Chief Engineer and Chief Development Officer heads Engineering section assisted by Development Officers who are in charge at the Zonal Offices. This wing of KIADB also provides service to the allottees by approving building plans, providing water supply connections, NOCs for obtaining power connections from supply agencies and addressing the grievances of allottees at industrial areas in the matters related to infrastructure.

Allotment Wing:
This section is headed by Secretary assisted by Assistant Secretaries at Zonal Offices. Requests of entrepreneurs in the matters of leasing, issuance of absolute sale deed, issuance of NOCs for financial assistance, needful clearances for change in activity, change in constitution, maintenance of payment records of allottees etc, are attended by allotment section.

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FAQs about KIADB 1. Are you a government Organisation ? Yes, KIADB is an undertaking of Govt. of Karnataka established under KIADB Act 1966. 2. Do we have to come many times over to follow up requests in KIADB? Not necessarily. Promoters of the company have to appear before the Allotment Committee or State Level Single Window Agency at the time considering their applications for clearance. Disposal of subsequent references received from entrepreneurs is on a time bound schedule. 3. Are you online ? Yes. We are. 4. Are your land prices realistic ? Cost of land is fixed based on the cost of acquisition and cost of development. Considering the type of infrastructure being provided in Industrial Areas, cost of the land fixed by the Board is on the lower side in comparison to the prevailing market rates. 5. Whom to approach in KIADB for information ?. Approach the following Officers in the Board for any information. a. Chief Executive Officer & Executive Member. b. Secretary. c. Development Officers. d. Assistant Secretaries. e. Deputy Development Officers. 6. Can somebody from KIADB show the industrial sites available for allotment ? Yes. The area engineer in-charge will show the available sites to the entrepreneurs.

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7. Whom to contact outside Bangalore for information ? The Joint Director, District Industries Centre will provide information regarding availability of land in the concerned district. Wherever, the Board Zonal Offices are located, the Asst. Secretaries will provide information about availability of land. Zonal Offices are located in the following places:Bangalore, Mysore, Mangalore, Belgaum, Dharwad, Gulbarga, Bidar, Davangere and Hassan.The Joint Director, District Industries Centre /Asst. Secretary, KIADB can be contacted for information on availability of land in the District. 8. Do we have to buy land only in existing Industrial areas ? KIADB also acquires, large plots under 'Single Unit Complex' Scheme where in land are acquired and allotted on 'as is basis'. Entrepreneurs, normally prefer land in Industrial Areas, keeping in view the availability of infrastructure conducive for industrial development and clear title of the land. 9. What is meant my Single Unit Complex (SUC) ? Besides developing industrial layouts, board also acquires and makes bulk allotment of land without providing infrastructure facilities in favor of individual industrial units/applicants for establishing industries or for any other purpose stipulated under provisions of KIAD Act of 1966. An allotee taking allotment under this mode are termed as Single Unit Complex (SUC’s). 10. What is the land cost for Single Unit Complex (SUC) ? Consideration for land would be the tentative cost of land plus service charges of 22.1% on such tentative cost. However, board may at its discretion reduce the levy of service charges at such rate as may be prescribed from time to time for the government organizations and infrastructure projects. 11. How long it takes to complete allotment procedure ? . KIADB is an ISO 9001:2000 Organization. As per the existing system, within 35 days from the date of filing of application, the Committee constituted for the purpose will take decision on allotment and communicated to the applicants.

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12. How soon do we get possession of land ? . Possession of land will be handed over to allottees within three days from the date of receipt of 100% cost of land. 13. What FAR (Floor Area Ratio) is permitted ? A. The details of FAR permitted is as hereunder: Particulars of Plots Area Coverage Floor area ratio 0 to 230 Sq.m 80% 1.00 231 to 1000 Sq. m 60% 1.25 1001 to 2000 Sq.m 50% 1.25 2001 to 4000 Sq.m 40% 1.25 4001 to 8000 Sq.m 35% 1.00 Above 8000 Sq.m 30% 0.50

14. How long is the lease period? and why ? Allotment is initially made on lease-cum-sale basis stipulating a lease period of six years. Lands are allotted on lease-cum-sale basis only to ensure timely implementation of projects and utilization of land for the purpose for which it is allotted. 15. Do we ever get freehold of land with sale deed document ? On completion of lease period and on compliance of all the terms and conditions of allotment, the lease will be converted into sale by way of execution of absolute sale deeds in favour of the entrepreneurs. 16. Can we pay land price in installment ? As per the present system, there is no provision for payment of land cost in installment. Cost of land is required to be paid as hereunder: Name of the District B'lore Urban & Rural, and D. K. Dist. Mysore, Belgaum, Hubli, & Dharwad Dists. All other Dists. Percentage of land cost to be collected along with the application 20% 15% 5% Balance to be paid within 180 days from the date of issue of allotment letter 80% 85% 95%

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Management And Entrepreneurship 17. Who allots the land for us ? Allotment of land for small, medium, and large scale industries are made by the committees constituted for the purpose as hereunder: Small scale industries 1. Land Allotment Committee of the Board allots land in the Industrial Areas of Bangalore Dist. 2. District Land Allotment Committee under the Chairmanship of the Deputy Commissioner of the Districts allots land in the Industrial Areas of respective districts. Medium and large scale industries Projects up to investment of Rs. 50 crores, State Level Single Window Agency under the Chairmanship of the Principal Secretary, Govt. of Karnataka, Department of Commerce & Industries takes decision on allotment of land in the State. Large Scale Industries Projects up to Investment exceeding Rs. 50 crores, High Level Committee under the Chairmanship of the Hon'ble Chief Minister, Govt. of Karnataka takes decision on allotment of land in the State. 18. Do we have to pay any annual maintenance charges ? A. Yes. Details of maintenance to be paid, at present, are as hereunder: Industrial Areas at Maintenance charges per acre Per annum 1. Bangalore District. Rs. 2,500.00 2. Mysore Dakshina Kannada, Udupi, Belgaum, Tumkur, Rs. 2,000.00 Davangere & Dharwad Districts. 3. All other Districts. Rs. 1,500.00

19. Who maintains the industrial areas developed by KIADB ? . Board is presently maintaining the Industrial Areas of the State during the lease period. Constitution of Industrial Townships is under active consideration of the Government.

20. How are the land prices decided at KIADB ? R.V.College of Engineering, Bangalore 15

Management And Entrepreneurship The cost of developed plots in different Industrial Areas is determined based on the cost of acquisition of land and the developmental expenditure incurred for providing infrastructure facilities. 21. Do we have to pay any bribe for getting work done in KIADB ? No, If any Board Official demands bribe or inordinately delays processing of papers and /or misbehaves in any manner, the same should immediately be brought to the notice of CEO & EM either orally or in writing. 22. With whom shall we lodge our complaints and grievances ? Grievances, if any, can be lodged with any one of the following Officers. 1. Chief Executive Officer & Executive Member. 2. Secretary 3. Chief Development Officer 4. Asst. Secretary.

Accounts Wing:
Controller of Finance- the head of this department is assisted by Senior Audit Officer, Accounts Officer, Project Officer and Assistant Secretary (A&MIS). This wing of KIADB is engaged in drawing of budgetary proposals, project financing & planning. This section also has responsibility of monitoring & maintaining the process related to mobilization of finance for projects, preparation of final accounts and other activities of KIADB.

Administration Wing:
Joint Director (Admn.) is the Head of this Department. This section has overall responsibility of general administration, human resources management, other administrative and logistic matters. This section ensures that the employees of this board are abreast with professionalism by providing trainings, refresher courses etc., for better productivity in the Organization. Projects of KIADB

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Management And Entrepreneurship Integrated Infrastructure Development Schemes (IID) of Govt. of India KIADB is the appointed agency for development of infrastructure for industrial units under IID Schemes. Two locations have been identified for implementation of this scheme. A short introduction on location and region is provided below:

 Auto Complex at Belguam:
• • • • • • •

Extent: 280 Acres with fully loaded infrastructure. More than 1000 Units in the complex. Airport in Belguam with good railway links and well connected with roads. Port at Karwar-160 Kms, Panaji-180 Kms. River: Gokak. Good educational institutions in the District. Home of INDAL Aluminum Company and hub of trade and commerce in the region.

 At Bagalkot:
• •

Extent: 100 Acres. Work is under progress. PROJECTS OF KIADB

Auto Parks To give momentum to growth of automobile industry in Karnataka, KIADB has made plans to encourage location of automobile ancillary & servicing units following areas. Brief details of Auto Park and Locations are as below:  At Bidadi in Bangalore:
• • • •

Existing world-class infrastructure. Adjoining to Proposed Bangalore-Mysore Express Corridor project. Home of Toyota Cars ,Coco-Cola & Toyota Techno - Park Projects. In the vicinity of Kumbalgodu Industrial Area where Motherson-Sumi, & Araco have units. 30 Kms. from Bangalore on State High Way. 1400 MW power project envisaged by KPC.

• •

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Management And Entrepreneurship  At Shimoga:
• • • • • • •

Extent: 23 Acres with fully loaded infrastructure. Allotment made to 180 Units already. Shimoga is regional centre for trade and commerce. Educational & Health facilities. Rivers: Tunga & Bhadra. District is well connected with rail and roads. Abode of world famous Jog Falls & 1330 MW capacity power generation unit . Extent 650 Acres with fully loaded infrastructure. Regional Centre for trade and commerce.

 At Dharwar:
• •

Brief profile of Dharwar District.

Location for cream of industrial fraternity like TELCO, HPCL, BPCL, Hindustan Lever, Brooke Bond, Nirman Chemicals, Printers (Mysore) Ltd. to name a few ISCE / CBSE Schools, Engineering & Medical colleges, Training institutes like NTTF, Agricultural Colleges, also HQ of Karnataka University Distance from Bangalore-410 Kms.,Belguam-75Kms., Bellary-230 Kms. Railway link to Mumbai, Bangalore, Hubli & Guntkal etc. Ports at Karwar-180 Kms. Panaji-135 Kms. Airports at Hubli-15 Kms., Belguam-75 Kms,Panaji-135 Kms. River: Malaprabha.

• • • • •

Electronic City at Bangalore

Welcome to the heart of Indian Information technology industry. This location has put India on the world map of IT. This area is in pollution-free locality and is the envy of many States for its eminent client list of market leaders in field of Electronics and Information Technology. The contributions to the world of technology from Electronic City have become the benchmarks in the industry.

This area comes with many features…

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An extent of 320 acres of land either side of NH-7 (Banglore-Hosur Road) comprises Electronic City. Full infrastructure loaded. Dedicated Water supply from BWS & SB and stable Power Supply. Additional land of 122 acres acquired for formation of 3rd Phase. Out of this, 75 acres already allotted to Dept of Bio Technology for setting up of BioTech Park. Located On NH-7 at a distance of 23 Kms. from Bangalore City. Concrete topped double road for express traffic. Looped fly over on approach road built by BDA to ease traffic. All secondary infrastructure available in the area. Close to posh residential localities

• • • •

• • • • •

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KARNATAKA STATE SMALL INDUSTRIES DEVELOPMENT CORPORATION LIMITED.(KSSIDCL) (A Government of Karnataka Undertaking) INFORMATION UNDER THE RIGHT TO INFORMATION ACT The Particulars of Organisation, functions and duties.
The growth of Small Scale Industries in our country since independence is rightly regarded as one of the most significant features of planned economic development. The very concept of small-scale industries, as we know, was not in vogue on the eve of independence. Rural and Cottage industries, which constituted the “indigenous sector” of our industries, were wide spread throughout the length and breadth of our country. Various programmes to sustain, modernise and further develop this group of industries were initiated soon after the independence and the modern small-scale industry scheme has gradually emerged out of this programme. The Small Scale Industries have provided opportunities for self employment to educated young men and experienced technicians from the middle level of society and contributed full to the growth of industrial entrepreneurship in our country. Today small-scale industries is regarded as power tool for balanced regional economic development. These achievements are primarily due to the dynamic enterprising spirit of the small-scale industrialists themselves. A positive programme for assistance of small-scale industries was initiated towards the end of 1954 on the basis of a suggestion made by the international planning team sponsored by the Ford Foundation at the request of Govt. of India. Further, on the basis of the recommendations of the central small scale industries advisory board the state level organisations to assist the small scale industries for procurement of scarce raw materials establishment of industrial estates, etc, have been set up in all states. KSSIDC, is one of such Corporations, established on 29th April 1960.The registered office of the Company started functioning at Bangalore in the State of Karnataka. The Company framed comprehensive and well-defined Memorandum of Association and Articles of Association. Which permit the Corporation to take up any activity aimed at the

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Management And Entrepreneurship rapid development of small-scale industry, subject to the guidelines issued by the Government from time to time and also as per Govt. order.

Functions: ESTABLISHMENT AND MANAGEMENT OF INDUSTRIAL ESTATES
The programme of establishment of industrial estates, which has been carried out by the State Government involved in construction of industrial sheds of various dimensions and providing them with essential amenities such as roads, water supply, sewerage line and electricity. The maintenance and upkeep of the sheds also became a part of the responsibility of the Corporation. Besides constructing and letting out the industrial sheds, developed plots were also offered to the entrepreneurs to put up their own factory sheds. The company also established exclusive and prominent ancillary industrial estates in the vicinities of large and medium scale industry to cater to their services to public sectors like BEL, ITI, HAL, NGEF, BHEL, BEML, VISL and Mysore Lamps. The Company has also established an exclusive Industrial Estate under ‘Dr. B.R.Ambedkar Birth Centenary Programme’ at Jigani Bangalore District where 100 sheds have been constructed and 86 plots have been formed with all infrastructure exclusively for SC & ST entrepreneurs. The Allottees of these sheds are required to pay only 40% of its cost. The company under VISHWA SHEDS SCHEME constructed 800 sheds all over the state for the use of tiny units.

LAND ACQUISITION:
The Company with a view to acquire land in and around Bangalore has identified about 2000 Acres of Land in Ganapathihalli and surrounding villages in Magadi Taluk which will be developed as a model Industrial Estate.

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PROCUREMENT & DISTRIBUTION OF RAW MATERIALS
The Company has also established 27 Raw-material depots throughout the State to cater the needs of SSI units. The Company is currently handling Industrial Raw materials like Iron & Steel. The Company also distributing the Raw material required by Government Departments.

The company has also established centralised stockyard with railway siding facility at Channasandra, Bangalore at a cost of Rs.100 Lakhs. The Channasandra Stock
Yard is capable of handling more than 1,00,000 Mts. of Iron and Steel Materials including Coal and Coke.

PARTICIPATION IN EXHIBITIONS
The Company up to 1980 participated in a large number of National and International exhibition as a part of dissemination of information as well as to create Marketing Outlets for the products of SSI units. Participation in the International Exhibition has resulted in securing substantial export order by the SSI units. With this expertise the Company looks forward to help Export Units to obtain their orders.

OTHER ACITIVITIES:
The Company as a nodal agency for Co-Ordination with Indian Standard Institution set up a laboratory at Peenya Industrial Estate for ensuring the quality of the products manufactured in the State. This laboratory provides modern testing facilities for types of products manufactured in Engineering, Chemical, Electrical, Electronics and other similar areas. This project with an investment of Rs. 100 Lakhs. Is financed by the State Govt., KSSIDC, KSFC, KSIIDC, NGEF, MML and IDBI. Further, the cost of standardisation and licensing fee will also be kept to minimum since the laboratory will work on no profit basis. Like wise National Institute of Design have come forward to associate with KSSIDC in setting up a branch of the National Institute of Design at Industrial Estate, Rajajinagar and is extending its services for the benefit of the small scale industry in improving the product design R.V.College of Engineering, Bangalore 22

Management And Entrepreneurship and allied matter. Necessary infrastructure facility has been provided by KSSIDC to this center. Company has also provided the accommodation to National Productivity Council for maintenance and service center at Peenya for the benefit of the Small Scale Industries.

ENTERPRENEURAL DEVELOPMENT PROGRAMME.
The Company is extending necessary assistance for organising Entrepreneurial Development Programmes in various parts of the State in association with TECKSOK and other commercial banks with a view to identify the talents and to improve the quality of Entrepreneurial skill amongst the educated youth.

KSSIDC MISSION
The Corporation’s principle objective is the promotion and development of Small Industries in the State. Construction and utilisation of infrastructure, especially in backward areas, procurement and marketing of Raw Materials, technical support and assistance-are means to reach the goals. A concern for results, emphasis on quality and timely work and willingness to understand the problems of entrepreneurs-are the staff creed, and KSSIDC constantly strive for this end. An Industrially prosperous Karnataka is our vision

STRUCTURE OF THE COMPANY
The Company apart from Board of Directors and Managing Director General Manager, Chief Managers including a Superintendent Engineer, who constitute the core of the service management. The Company, apart from its Head Office at Bangalore has Three Zonal Offices of which, One is situated at Bangalore, another at Hubli and Third one at Mysore. The Company has Eleven Division Offices headed by Deputy Chief Managers and 27 Raw material Depots spread throughout the State of Karnataka. The total staff strength of the company is 404. The company has computerized most of its activities with a view to keep up-dated information in all the spheres of small industries development. The computer is being used mainly for processing pay rolls, financial accounts, raw-material inventory accounting, preparation of

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Management And Entrepreneurship estimate, tender and also to process the management information system to aid the management on the day-to-day administration. The company is also making efforts for simplifying the procedures and to de-centralise the powers so as to ensure that the decisions are taken even at the field level.

II) POWERS AND DUTIES OF OFFICERS AND EMPLOYEES:
KSSIDC being a company, the highest authority in the company is its Board of Directors and being a Government company all the directors are nominated by Govt. of Karnataka . The Board of Directors constitute the Chairman, Managing Director, and other Directors are nominated by the Government from time to time.

Powers of the Board:
The Board of the company exercises all the powers that the Board of a company exercises subject to the restrictions in the Articles of Association which lays down that certain powers are to be exercised only with the approval of Government. There is also a clause in the Articles of Association that Govt. will have the power to to give directions to the Board. The main restriction in the power of the Board is that all capital expenditure above Rs.50 lacks is subject to approval of Govt.

Powers of the Managing Director :
The decisions taken by the Board and the Committees of the Board re implemented by the Managing Director who has the powers of management of the unit and looks after the routine day-to-day issues and other administrative matters.

Powers of Officers:
The Board has delegated routine restrictive administrative powers to the departmental heads for day-to-day affairs of the functional areas. The officers in the cadre of General Managers, Chief Managers, Superintendent Engineer, Company Secretary, Dy.Chief Managers exercise the same. However, the overall administrative control of the corporation is vested with the Managing Director.

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III) THE PROCEDURE FOLLOWED IN THE DECISION MAKING PROCESS INCLUDING CHANNELS OF SUPERVISION AND ACCOUNTABLITY The Board of Directors of the Corporation takes decisions on policy matters. These decisions percolates down the line through the Managing Director who gives Administrative orders based on the decisions taken by the Board. Based on the Administrative orders issued by the Managing Director, the departmental heads implements the decisions of the Board. The decisions when it is implemented are again reported back to the Board in the form of compliance report in the next Board meeting. departmental heads. In this way Board supervises the accountability of

IV) THE NORMS SET BY IT FOR THE DISCHARGE OF ITS FUNCTIONS:
The norms set by the Board is the policy decisions taken by the Board and also the internal circulars released by the Managing Director from time to time. The implementation of these Office instructions are the complete responsibility of the departmental heads.

V) THE RULES, REGULATIONS, INSTRUCTIONS, MANUALS AND RECORDS,
HELD BY IT OR UNDER ITS CONTROL OR USED BY ITS EMPLOYEES FOR DISCHARGING ITS FUNCTIONS; The Corporation has framed allotment rules for allotment of sheds / plots, cadre and recruitment rules and conduct rules for its employees. The Field Officers at various levels are bound by these rules in their day to day functions.

VI) A STATEMENT OF THE CATEGORIES OF DOCUMENTS THAT ARE HELD BY
IT OR UNDER ITS CONTROL. The Corporation maintains statutory records as required under the different statutes. The proceedings of the Board and Sub committees are not accessible to the public for inspection or

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Management And Entrepreneurship obtaining copies thereof. Apart from this each department maintains their own documents and registers for its smooth functioning. VII) THE PARTICULARS OF ANY ARRANGEMENT THAT EXISTS FOR CONSULTATION WITH, OR REPRESENTATION BY, THE MEMBERS OF THE PUBLIC IN RELATION TO THE FORMULATION OF ITS POLICY OR IMPLEMENTATION THEREOF; The Corporation has not appointed any consultants nor do they have any arrangement with any consultant in relation to formulation of its policy or implementation there to. The corporation is under the Ministry of Industries, Govt. of Karnataka. The corporation generally follows the industrial policy announced by the state government from time to time. The policy is framed by the elected representatives of legislature with the objective of Industrial growth in the state and creation of employment.

VIII) A STATEMENT OF THE BOARDS, COUNCILS, COMMITTEES AND OTHER BODIES CONSISTING OF TWO OR MORE PERSONS CONSTITUTED AS ITS PART OR FOR THE PURPOSE OF ITS ADVISE, AND AS TO WHETEHR MEETINGS OF THOSE BOARDS, COUNCILS COMMITTEES AND OTHER BODIES ARE OPEN TO PUBLIC, OR THE MINUTES OF SUCH MEETINGS ARE ACCESSIBLE FOR PUBLIC;

The Board of the Corporation has constituted the following committees. Audit Committee Finance and Raw-Material Committee Technical sub committee. The members of these sub committees are the Directors of the Corporation who are nominated members for the above Committee. The Committee meets periodically at different intervals and takes decisions on the subjects, which are placed before them. Thereafter the proceedings are drawn and are placed before the Board for its consideration and noting. The proceedings of the above committee are not available for inspection by the citizens.

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IX) A DIRECTORY OF ITS OFFICERS AND EMPLOYEES.
LIST OF DEPARTMENT HEADS AND OFFICE PHONE NUMBERS DESIGNATION SRIYUTHS OFFICE RESIDENCE MOBILE NO. Chairman Managing Director General Manager ( C &PR) General Manager –(IES & II) General Manager ( A & LAQ) Chief Manager ( I.A) Chief Manager ( IES) Zone-I Chief Manager (Finance) I/c S E, Company Secretary Chief Manager ( C) Dy. Chief Manager (CoOrdn) DY.Chief Manager (CA) Dy.Chief Manager (Urban) Dy.Chief Manager (IES), Rural Dy.Chief Manager(IES) Per Dy,Chief Manager (Laq) Executive Enginner Executive Enginner (Elecl) DY.Chief Manager (IEA)I/c Technical Asst. to S.E Manager (C.A) Manager (CA) Manager (IA) Manager (Per) Manager (Coml) Manager (IES), Urban Manager (IEA) Asst.Manager (EDP) Asst. Manager (IPCL) Asst.Manager (Law) Asst.Manager (PRO) & Vehicles R.V.College of Engineering, Bangalore 27 Dr. K.H. Govindaraj L.Nagaraju M.Shankara Syed Ali Razvi G.Nagamani C.G.Sreenivasan B.S.Varadarajulu S.P.Raghunath M.D.Rajasimhan A.J.Dattatreya K.G. Shantha Kumar M.D.D.Revanna Rangahanumaiah R.Puttanaika 2330 3037 2338 0979 2338 9742 2330 7311 2350 1215 2335 3932 2335 5685 2340 4479 2340 7012 2320 8970 2314 3566 2340 1932 2527 2905 2332 2324 6572 3892 2365 2009 2347 1472 2337 3217 2880 1282 2344 1852 2684 1433 99020 10029 94484 95083 94484 95082 98864 98478

94484 95087 94484 95088 94484 95094 94484 95090

2335 6592 2340 7025

2528 3385

B.N.Kannike 2350 0325 H.V.Narayanswamy G.H.Nijalingappa Munivenkataiah L.Parvathi H.Vedavyasa Prabhu H.Vijaykumar R.Shashikumar S.Kadaiah M.D.Rajashiman C.T.Mudalagiraiah B. Basavaraj G.Ramesh Babu Raghunandan 2320 2597 Ravi Prasad A.M.Chandrappa H.C. Dayananda

Management And Entrepreneurship Premises, A.E.E. PS to M.D PA to M.D. MDs Section GM ( A & L) Section DCM(Co-Ord) CHIEF MANAGER (C ) EPABX – For All Officers
E-mail: kssidcho@vsnl.com

V.R. Harihar D.Ramesh Sriramu FAX NOS. 091-080-2338 9526 091-080-2338 9070 091-080-23143566 091-080-23208970

2330 3037 2330 3037

2334 9258 2545 6846

23407012 to 24
Website:www.kssidc.kar. nic.in

ITS

OFFICERS

AND

EMPLOYEES,

INCLUDING

THE

SYSTEM

OF

COMPENSATION AS PROVIDED IN ITS REGULATIONS: The corporation follows the compensation s per the regulations applicable to State Public Sector Undertakings with a scale of pay and yearly increments to each of its category of staff and officers and the Dearness allowance as announced by the State Govt. from time to time. The total pay per month for different category of officers and staff are given in Annexure I.

XI) THE BUDGET ALLOCATED TO EACH OF ITS AGENCY, INDICATING THE PARTICULARS OF ALL PLANS, PROPOSED EXPENDITURES AND REPORTS ON DISBURSEMENTS MADE. There are no other agencies for the corporation since this itself is a government agency.

XII) THE MANNER OF EXECUTION OF SUBSIDY PROGRAMMES, INCLUDING
THE AMOUNTS ALLOCATED AND THE DETAILS OF BENEFICARIES OF SUCH PROGRAMMES The Corporation being state Government undertaking is bound by the orders of the Government from time to time. This implies that the subsidy schemes announced by the Government are adopted by the Corporation. At present the following subsidy programmes are in force in the Corporation 1) SC/CT subsidy scheme : 40 % or Rs.2.00 lakhs whichever is less on price total cost of shed /plot. R.V.College of Engineering, Bangalore 28

Management And Entrepreneurship 2) Vishwa shed subsidy is offered by Government which comes in the form of Rent.

The respective allottees are the beneficiaries of these subsidies.

XIII) PARTICULARS OF RECIPIENTS OF CONCESSIONS, PERMITS OR
AUTHORISATIONS GRANTED BY IT. There are no concessions, permits or authorisation granted by it. XIV) DETAILS IN RESPECT OF THE INFORMATION, AVAILABLE TO OR HELD BY IT, REDUCED IN AN ELECTRONIC FORM The relevant information which the citizen may require on the above activities are available readily with each departments who are identified as Information Officers. They may contact them for the same. For ready reference the text of Office Order is appended below as Annexure 2. XV) THE PARTICULARS OF FACILITIES AVAILABLE TRO CITIZENS FOR OBTAINING INFORMATION, INCLUDING THE WORKINBG HOURS OF A LIBRARY OR READING ROOM, IF MAINTAINED FOR PUBLIC USE. The citizens seeking information may avail the facilities in the Corporation by contacting GM( PR) on any working day between 10.00 Am and 5.30 PM.

XVI) Such other information as may be prescribed. Yet to be prescribed

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Management And Entrepreneurship Employee Remuneration(Scale of Pay) :
Sl No. 1 2 3 Category of Post Peon/Watchman/Electrician Attender Junior Asst/ Typist/Driver/Senior Attender/Supernumorary 4 Senior Attender Tracer/Sel-GradeAttender/Electrician(Prese 5 6 nt) Senior Typist/Tracer/Senior Driver Stenographer/Senior Assistant/Senior Trader/Selection Grade 7 8 9 10 11 12 13 Driver Head TypistJunior Engineer Assistant Manager/Senior Stenographer Manager/PS to MD/ J.E (Spl Grade)/ Senior Draughtsman Assistant Executive Engineer I/II Deputy Chief Manager / Company Secy. /Executive Engineer Chief Manager / Superintending Engineer General Manager / Chief Engineer

Annexure I
Pay Scales (Rs) 4800-100-6000-125-6500-150-7100-175-7275 5200-100-6000-125-6500-150-7100-175-7800200-8200 5800-100-6000-125-6500-150-7100-175-7800200-8600-225-9500-25010500 6250-125-6500-150-7100-175-7800-200-8600225-9500-250-10500-30012000 7275-175-7800-200-8600-225-9500-25010500-300-12300-350-13350 8000-200-8600-225-9500-250-10500-30012300-350-14400-400-14800 8825-225-9500-250-10500-300-12300-35014400-400-16000 10000-250-10500-300-12300-350-14400-40016800-450-18150 11400-300-12300-350-14400-400-16800-45019500-525-21600 14050-350-14400-400-16800-450-19500-52522650-600-25050 18150-450-19500-525-22650-600-26250-67526925 20025-525-24650-600-26250-675-28275 24450-600-26250-675-30300-750-31800

Details of PIO/APIOs.
Sl No 1 Department Indl. Estate Activities:

Annexure II
CAPIOs Deputy CPIOs Appellate Authority Chief Manager Managing (IES) Director

Information such as allotment of sheds / plots, Chief issue of notifications, bidding, auctioning, . Manager allotment, pricing policy, execution of sale deeds, resumption of sheds / plots etc. including Co(IES)

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ordination covering LA/LC matters. Commercial Department Industrial Raw Materials, procurement

2

Deputy of Manager

General Manager (Comml)

Managing Director

Identifying Market Demand for supply of Chief industrial Raw Materials and its Geographical Comml) distribution to the Zonal Offices, identifying the end users for issue of Raw materials, invoicing, supply chain management, pricing, offering discounts, finalizing publication tenders for of cinematic transportation films, etc.

Entrepreneurial Guidance Cell subsidy for Iron and Steel disbursement and allotment / Iron and Steel to SSI units, demand survey of Iron and Steel, placing indent and requirement before the ministry of steel. Engineering Department 3 Inviting Tenders for construction activities Executive Superintending Engineer Managing Director awardal of tenders. maintenance management of and Contractors management, Engineers Civil all Works, building & III relating and

infrastructural development in Industrial Estates, Zone –I, II functions to Electrical

Engineering Department and Electrical works Administration 4 Information concerning manpower, recruitment, Deputy termination, promotion, disciplinary proceedings, Chief transfers, the entire spectrum of human resource Manager management, Land acquisition matters, interface (PER) with Government agencies, welfare activities of employees and all other information related to human resources and Administration matters, including liaison with KIADB. maintenance of land records of industrial estates 5 management. Providing Securing Guards. Public Relations Maintain of stock registers, stock information’s. and its Assistant Manager General Manager (PR) Managing Director Chief Administrative Officer Managing Director

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Release of notifications, paper advertisement, (PR) procurement and maintenance of vehicles, purchase of all types of stationeries and Office furniture’s, subscription to news papers and periodicals, maintenance of Office equipments like fax, telephone, Xerox, protocol maintenance of stock register, stock verification etc. 6 Finance Department Fund management, asset management, Deputy all Chief Chief Manager Managing (Finance) Director

information pertaining to finance and accounting Manager functions including preparation of financial accounts, financial tax and management, tax book keeping, compliance of all statutory regulations concerning management, information relating to Industrial Estate accounts, Commercial 7 Accounts, Works Accounts etc. Audit the Internal Audit Department, pre-audit of files concerning issue of sale deeds, inspection of raw material godowns, Br. Audit, issues relating to Audit Sub-Committee of the Board, Stock 8 verification of Iron and Steel etc. Legal and Secretarial Information relating to the Board Meetings, SubCommittees of the Board, Agendas to the meeting, minutes of the meeting, constitution of the Board and its Sub-Committees, statutory compliance of Corporate Laws as applicable to the Corporation, Statutory Registers, Information relating to legal cases like filing of suits, Writ Petitions, Compliance of the Court / Tribunal / Commissions orders, information relating to the Assistant Manager (LAW) Company Secretary Managing Director Manager Chief Manager Managing (IA) Director

Scrutiny of files which requires certification by (IA)

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Advocates on the panel, Information regarding legal opinion, information relating to committee / Board / General Meetings details of Directors / Share holders etc.

The above Assistant Public Information Officers and Public Information Officers are advised to address the grievances of the citizens in the light of the right to information act. In case of any clarifications or doubts on this, the Company Secretary of the Corporation may be contacted.

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Micro, Small and Medium Enterprises(MSME) SISI, is now MSME-Development Institute, Mumbai
On the merger of Ministry of SSI and Ministry of ARI and formation of a new Ministry i.e. Ministry of Micro, Small and Medium Enterprises, Small Industries Service Institute, Mumbai has been renamed as MSME-Development Institute, Mumbai w.e.f July, 2007.

New Programmes
Professional Course in International & Domestic B.P.O. Skills (Call Center Training)

• • • • • • •

Entrepreneurship Skill Development Programme on Handmade Paper & Stationery Items Technology Resource Programme on Bakery & Allied Products Lean Leader Certification Programme for MSMEs Professional Course on 'Beautician' Two day’s Programme on ‘Up-gradation for Welding Technology – Fabrication’ Management Development Programmes. CAD/CAM Courses.

Schemes
• • •

Schemes under NMCP Reimbursement Scheme for obtaining ISO 9000 MSME-MDA Scheme

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Shri Sachit Bhide w as an unemployed youth in the year 1998-99. He approached SISI Mumb We w ish him all success and hope that many young entrepreneurs w ill be motivated from his Management And Entrepreneurship

Formation of a Cooperative in Rural Area.
Shri Sachit Bhide

Mrs. Vasundhara Mahajan has attended Entrepreneurship Development Programme conduc Address : RAPID INDUSTRIES Diamond Industrial Estate, Ketkipada Road, Off. W.E. Highw ay, Dahisar (east), Mumbai - 400068
Mrs. Vasundhara Mahajan

Shri Prashant J. Kashikar has undergone an Entrepreneurship Development Programme cond M/s. Mika Engineering (India) Pvt. Ltd., Shailesh Indl. Estate, NO.7, Navghar, Vasai Road (E), Dist Thane-401210 Tel.(0250) 2391346, 2390459
Shri Prashant Kashikar

Shri P. Satheesan Menon, a Chartered Engineer had undergone the Entrepreneurship Develop Shri Menon is operating in the follow ing address : M/s. Jai Automotive Innovations, B-7, Annapoornadham, 2nd Lane, Pandurangw adi, P.O. Dombivali (E), Maharashtra Tel:0251-2801258 / 2441832

Shri Satheesan Menon

Ms. Rita Chhabria & Ms. Geeta Chhabria

w ere the trainees of EDP Programme conducted fo

Inspired by the training received in the EDP Programme, the duo started their ow n venture in G They have now their ow n shop registered under Bombay Shop & Establishment Act. These trainees are now motivating others to opt for self-employment by attending Training Pro

Mrs Pratiksha Bagw e has undergone a One Month Entrepreneurship Development Programme Her unit is now permanently registered w ith DIC Thane w ith Regn No 112484158. SISI, Mumba

Mrs. Pratiksha Bagwe

Shri Subhashchandra A.Palav, opted for VRS from India United Mills, Unit No.1, NTC(MN) Ltd., Shri Palav, started his R.V.College of Engineering, Bangaloreventure of re-filling of perfumes etc. He now Address : Shri Subhashchandra Ankush Palav, 2/53, Anant Nivas, Sane Guruji Marg, feels very confident of lea 35

Management And Entrepreneurship

An Entrepreneurship Development Programme for Women on Manufacture of Bags & Wallets was organised at Chiplun, Dist. Ratnagiri in the year 2003-04. As per the advice of Director, during his presence in valedictory function and Inspired by this Programme the participants viz Mrs. Alaskar, Mrs. Khare, Mrs Mane, Mrs. Khamkar, Mrs Jyoti Kanhere formed Sneha Swayam Rojgar Mahila Sahakari Sanstha, a cooperative organisation for self employment, Now 70 women operating in nearby area have become member of this Cooperative Society which manufactures and sell ladies garments like petticoat, blouses, bags, wallets etc. They have achieved turn over of Rs.5.00 lakh in first 08months. They approach SISI Mumbai for further guidance and improving working of their Society. Address of the Society : Snehsakhi Swayam Rojgar Mahila Sahakari Sanstha. 5/B, Prathamesh Apt., Mumbai Goa Highway, Ozarwadi, Chiplun Dist Ratnagiri – 415605

International Trade Fairs
• • • • • •

SAARC, Fair, Colombo, Sri Lanka (Aug 28-31, 2008) JAPAN DIY (Do it Yourself) Home Centre Show, Chiba (Tokyo) (Aug 28-30, 2008) Budapest International Trade Fair, Budapest, Hungary (Sept 10-14, 2008) 5th China Small & Medium Enterprises Fair, Guangzhou, China (Sept 22-25, 2008) AF'l Artigiano in Fiera - Intl Craft Selling Exhibition, Milan (Italy) (Nov 29-Dec 08) Cairo International Fair, Egypt (March 15-25, 2009)

Services
 Technical Consultancy Services  Managerial Consultancy Services  Economic Investigation Services R.V.College of Engineering, Bangalore 36

Management And Entrepreneurship  Entrepreneurship Development Programme  Prime Minister's Rozgar Yojana (PMRY)  Export Promotion & Marketing  International Trade Fair  Common Facility Workshop  Library Facility  Modernisation / Technology Upgradation

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SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(SIDBI) Mission:
To empower the Micro, Small and Medium Enterprises (MSME) sector with a view to contributing to the process of economic growth, employment generation and balanced regional development

Vision
To emerge as a single window for meeting the financial and developmental needs of the MSME sector to make it strong, vibrant and globally competitive, to position SIDBI Brand as the preferred and customer - friendly institution and for enhancement of share - holder wealth and highest corporate values through modern technology platform

Various schemes:
Mahila Udyam Nidhi (MUN) Purpose Eligible Borrowers To meet gap in equity Women entrepreneurs for setting up new projects in tiny / small scale sector and rehabilitation of viable sick SSI units. Existing tiny and small scale industrial units & service enterprises [tiny enterprises would include all industrial units and service industries (except Road Transport Operators) satisfying the investment ceiling prescribed for tiny enterprises] undertaking expansion, modernisation technology upgradation & diversification can also be considered. Norms Scheme operated through SFCs / twin function SIDCs / Scheduled Commercial Banks / Select Urban Co-operative Banks Cost of Project - Not to exceed Rs.1 million Soft Loan limit - 25% of cost of Project subject to a maximum of Rs.2,50,000 per project.

Service charges - 1% p.a. on soft loan
Direct Credit Schemes

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• •

SSIs Service sector units with project cost upto Rs.25 crore

Medium Sector Enterprises (MSE) and Service sector units with project cost above Rs.25 crore and upto Rs.250 crore.

Eligibile Borrowers

I] New or existing SSI units. ii] SSI unit graduating to medium scale, and iii] Service sector units with an overall project cost not exceeding Rs.25 crore.

i] New or existing medium sector enterprises, and ii] Service sector units with an overall project cost above Rs.25 crore and upto Rs.250 crore with Bank's assistance not exceeding Rs. 50 crore.

Constitution

The unit should generally be a private The unit should generally be a limited / public limited company. However, partnership firms, sole proprietorship concerns and Societies and Trusts would also be considered on a case to case basis. private limited / public limited company

Nature of assistance

Term loan and other forms of assistance such as Working Capital Term Loan and bills discounting (on selective basis).

Term loan and other forms of assistance such as Working Capital Term Loan, suppliers' & purchasers' bills discounting. Investment products such as debentures, optionally convertible cumulative preference shares, zero coupon bonds, etc.

Currency of loan

In Rupee or foreign currency

In Rupee or foreign currency

SIDBI's Fixed Deposit Scheme is rated 'AAA(FD)' by CARE and 'FAAA' by CRISIL indicating highest safety with regard to payment of principal and interest. Salient features of the scheme are given below. The detailed terms of the scheme are enumerated in the application forms which

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Management And Entrepreneurship

may be obtained from any of the offices of SIDBI. Schemes Minimum Deposit@ A. B. C. D. Cumulative Deposit Annual income Quarterly Income Monthly Income Rs. 10,000 Rs. 10,000 Rs. 10,000 Rs. 10,000

* Additional amounts in multiples of Rs.1,000 Eligible Depositors Resident Individual. Minors. HUFs. Partnership firms Features Nomination facility available on Single & Joint Deposits by Individuals. TDS exemption for income upto Rs. 5000/-. Eligible investments for religious/ charitable trusts u/s 11(5) of I.T. Act,1961 Interest/ Redemption Cheques will be encashable “at par” in Depositor’s City/ Town. Direct Credit of Interest to Depositor’s Bank Account through ECS. Higher rates of interest for Senior Citizens. Flexible Interest rates on Bulk Deposits. Duration of Deposit The minimum and maximum duration of the deposit is 12 and 60 months respectively. The deposits are accepted for a tenure in multiples of one month only. National Small Industries Corporation (NSIC)’s Single Point Registration Scheme Companies Bodies Corporate Societies Association of Persons

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Management And Entrepreneurship F. No. 2(II)/92-Mktg. Government of India Ministry of Industry (Department of SSI & ARI) New Delhi , the 10th July 1993 . Government’s Purchase Price Preference Policy- Grant of benefits to small scale units. Government of India have been extending various facilities as detailed below to the small scale units registered with National Small Industries Corporation under its Single Point registration Scheme or with Public Enterprises concerned in order to help them in marketing their products:Issue of tender sets free of costs, Exemption from payment of Earnest Money, Waiver of Security Deposit upto the monetary limit for which the unit is registered, rice preference upto 15% over the quotation of the large scale units.

Function and Objectives
The primary function and objectives of the Directorate of Industries are supervision and control of District Level functionaries, i.e., the District Industries Centres in implementation of the various schemes and programmes of the Department. The basic objective of the Department is also to act as the Nodal Promotional Agency in the development of industries and industries activities in the State as a whole. And to promote and achieve the above-mentioned purpose, the Department organises and implements various programmes and schemes to provide the basic infrastructural facilities for the creation of industrial awareness and atmosphere viz., Investment Awareness Programmes Entrepreneurship Development Programmes Workshop and seminars etc. Besides, the Department also runs regular vocational training courses for creation of skilled manpower in the following trades: -

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Management And Entrepreneurship  Knitting  Tailoring and Embroidery  Carpentry and Furniture making  Leather, Blacksmith and Fabrication  Carpet Weaving To replacement the above purpose, regular sponsoring with stipend is also offered to local youths for under-going training and study courses both inside and outside the State. The Department also provides grants-in-aid loans to some of the autonomous bodies and subsidiaries like the M.K.V.I.B., M.H.H.D.C., M.E.D.C., M.C.C.L. etc., every year.

To accelerate the pace of industrialisation process, infrastructure development and development of industrial areas and estates are being given importance. Financial Assistance is made available to tiny/ cottage, to large/ medium sector of industrial units in the form of grants-in-aid to technical entrepreneurs to package scheme of incentives and central transport subsidy. Some of the scarce raw materials like paraffin wax, iron and steel materials are also allotted to register industrial units at concessional rates. Every year, a number of local entrepreneurs are nominated for selection of National Awards to:  Small Scale Industries and  Handloom and Handicrafts Artisans

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Major Plan Scheme Development of Industrial Areas and Estates
With the passing of time, there has been a steep rise in scarcity of suitable land for setting up of industrial projects. Therefore, to meet the above demand clutched with other basic Industrial Infrastructures, like road, water, power etc., the Department have acquired suitable plots of land almost in every district of the state and developed them into industrial areas and estates. And for efficient maintenance of these Industrial Areas and Estates, the Department has a specific annual plan scheme known as Development of Industrial Areas and Estates.

Man Power General Schemes
In order to create skill technical and managerial entrepreneurs, the Department, through the District Industries Centres (D.I.Cs.) and State Financial and Industrial Development Corporation, i.e., Meghalaya Industrial Development Corporation (M.I.D.C.) sponsors local youths with suitable stipend to undergo training studies so that they meet either the local demand or set up Industries of their own as self-employment ventures after successful completion of their courses. These schemes are:  Manpower Training Scheme and  Entrepreneurial Development Programme Feasibility Studies As consultancy and study for identification of viable industrial projects, the Department, through the Meghalaya Industrial Development Corporation (M.I.D.C.) have undertaken a feasibility studies of several Industrial projects, in which the Meghalaya Industrial Development Corporation can take part in its equity participation. Financial Operation In order to enable the Meghalaya Industrial Development Corporation (M.I.D.C.) to meet its requirement of fund as a financial institution, the Department extends fund to the Meghalaya Industrial Development Corporation under the scheme of Financial Operation. R.V.College of Engineering, Bangalore 43

Management And Entrepreneurship Package Scheme of Incentives With the announcement of the State’s Industrial Policy in May 3, 1988 , the Department extended the various package of incentive to small-scale medium and large-scale industries for specific period of 5 (Five) or 7 (Seven) years for different item. These state incentives are available to industrial units after they are established and permanently registered with the State Directorate of Industries or the District Industries Centre (D.I.C.) as the case may be. Share Capital Contribution As a Promotional Department, the Department do take part in Share Capital Contribution to:  Meghalaya Industrial Development Corporation (M.I.D.C.)  Mawmluh Cherra Cements Limited (M.C.C.L.)  Meghalaya Khadi And Village Industries Board (M.K.V.I.B.)  Meghalaya Handloom And Handicrafts Development Corporation (M.H.H.D.C.)  Meghalaya Electronics Development Corporation (M.E.D.C.) Transport Subsidy Scheme A major fiscal assistance is received by the local Industries by way of Transport Subsidy against the expenditure incurred by these units either by importing their requirement of raw materials, or exporting of their finished products from or to outside the state. The requirement of fund for the purpose is reimbursed by the Central Government after the claims are disbursed on cent per cent basis. District Industries Centre Programmes The innovative scheme of District Industries Centre Programmes was introduced by the Government of India to provide all facilities to entrepreneurs under a single roof. Under the scheme, each district of the state will have a fully functional District Industries Centres (D.I.Cs) manned with managerial expertise in different streams.

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Activities of Industries Department Small Scale Registration
Small Scale Industries (S.S.I.) Registration is voluntary and not compulsory. However, an Industrial undertaking has to be registered with the State Directorate of Industries in order to avail some of the basic facilities like land or sheds in Industrial Area and Estates, Bank or Institutional Finance, State Incentives and Central Grant of Transport Subsidies. S.S.I. Registration is done in two stages i.e.,: - Provisional Registration : When an Industrial Project is under proposal or, in preliminary stage. Permanent/ Final/ Registration : When of effective steps have already been taken up towards implementation of the projects and it is ready to go into production or when a unit is already existing and functioning. Scheme for Self Employment of the Educated Unemployed Youth The Prime Minister Rozgar Yojana (P.M.R.Y.) was introduced in 1993-94 with 95% loan for all type of ventures such as:i. ii. iii. Normal Industrial Loan The District Industries Centres (D.I.Cs) do appraise and sponsor normal industrial loan cases to financial institutions, for long term loan and to the commercial banks for short term lending for working capital requirements. EMPs/ EDPs/ Investment Awareness Programme Towards motivation of the local people and to create Industrial Awareness atmosphere, the Department organised Entrepreneurial Motivation Programmes (EMPs), Entrepreneurial Motivation Developments (EDPs) and Investment Awareness Programmes at identified growth centre throughout the state. Industry Services Business Upper Limit Rs. 2,00,000/Rs. 2,00,000/Rs. 1,00,000/-

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Management And Entrepreneurship Departmental Training Programme In order to meet the local demand of skilled hands and also to equip the local youths for selfemployment ventures, the Department runs regular vocational courses in the trade of :  Knitting  Tailoring and Embroidery  Carpet Weaving  Carpentry and Furniture making  Leather, Blacksmith and Fabrication works etc The trainees are granted with monthly stipend at nominal basis. On completion of the training course, as a follow up, Grants-in-aid both in cash and kind are made available to these technical entrepreneurs to set up self-employment ventures of their own.

Departmental Training Inside and Outside the State Under the scheme of training inside and outside the state, the Department sponsors local youths with stipend to undergo vocational training both inside and outside the state to create skilled manpower who can either be employed in local industries or start self-employment ventures of their own.

Training under the Practicing Master Craftsman Like in the scheme of training inside and outside the state, under the above-mentioned schemes also stipend to trainee craftsman and honorarium of master craftsman are offered.

Prime Minister’s Rozgar Yojana (P.M.R.Y) For Educated Unemployed Youth
Prime Minister Rozgar Yojana for providing self-Employment to Educated Unemployed Youth was announced by the Prime Minister on 15th August, 1993 to provide self-employed opportunities to one million educated unemployed youth in the country. The Scheme has been formally launched on 2nd October, 1993 .

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1. Objectives:
The PMRY has been designed to provide employment to more than a million Person by setting up of 7 lakhs micro enterprises by the educated unemployed youth. It relates to the setting up of the self-employment ventures through industry, service and business routes. The scheme also seeks to associate reputed non-governmental organisations in implementation PMRY scheme especially in the selection, training of entrepreneurs and preparation of project profiles. 2. Coverage:

The scheme intends to cover urban areas only during 1993-94 and whole of the country from 1994-95 onwards. From 1994-95 onwards, the existing self-employment Scheme for the Educated Unemployed Youth (SEEUY) will be subsumed in PMRY. 3. Eligibility:

Any unemployed educated person living in any part of the country rural or urban fulfilling the following conditions will be eligible for assistance. However, during 1993-94, the scheme would be operated only in urban areas. Age: Between 18 to 40 years (SC/ST - 45 years). Qualification: Matric (Passed or Failed) or ITI passed or having undergone Govt. sponsored technical course for a minimum duration of 6 months. Residency: Permanent resident of the area for at least 3 years Document like Ration Card would constitute enough proof for this purpose. In its absence any other document to the satisfaction of the Task Force should be produced. Family Income: Upto Rs.40,000/- per annum. Family for this purpose would mean spouse and parents of the beneficiary and family income would include income from all sources, whether, wages, salary, pension, agriculture, business, rent etc. Defaulter: Should not be a defaulter to any nationalised bank/financial institution/co-operative bank. 4. Reservation:

Preference should be given to weaker section including women. The scheme envisages 22.5% reservation for SC/ST and 27% for other Backward Classes (OBCs)

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Management And Entrepreneurship 5. Project Cost:

Projects upto Rs.1 lakh are covered under the scheme in case of individuals. If two or more eligible persons join together in a partnership, the project with higher costs would also be covered provided share of each person in the project cost is Rs.1 lakhs or less. 6. Margin Money, Bank Loans and Rates of Interest:

Entrepreneur is required to contribute 5 percent of project cost as margin money in cash. Balance 95 percent would be sanctioned as composite loan by Bank at the rates of interest applicable to such loans under guidelines of Reserve Bank of India issued from time to time. 7. Collatoral guarantee on bank loans:

The loans would not require any collateral guarantee. Only assets created under the Scheme would be hypothecated/mortgaged/pledged to the Bank. 8. Subsidy:

Government of India would provide subsidy at the rate of 15 percent of the project cost subject to a ceiling of Rs.7, 500/- per entrepreneur. In case more than one entrepreneur join together and set up a project under partnership, subsidy would be calculated for each partner separately at the rate of 15 percent of his share in the project cost, limited to Rs.7, 500 (per partner). 9. Repayment Schedule:

Repayment Schedule would range from3 to 7 years after an initial moratorium of 6 to 18 months as decided by the Bank. 10. Training:

Scheme envisages compulsory training for entrepreneurs after the loan is sanctioned. 11. Other Inputs: a. State / U.T. Governments have been requested to provide necessary infrastructure support like provision of Industrial sites, sheds, shops, water on preferential basis to these entrepreneurs. Provision of sites and sheds at concessional rate to service ventures in urban area will be essential for their success. Many State/U.T Governments are providing

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Management And Entrepreneurship various tax concessions and incentives under their industrial Policy. Such concessions should also be extended to the beneficiaries under the scheme.

As load requirement will be small, State/U.T. governments have also been requested to give priority to the person getting the loan sanctioned under the PMRY for electric connection and no deposit should be asked for and small infrastructure e.g. erecting a few poles and extension of wire line should be done expeditiously. Implementation of the Scheme of PMRY Yearwise Target and Achievements
Target
Applications Recd. Spon . 199 428 592 635 588 583 609 640 1920 334 Sanctioned Nos. 139 307 513 553 524 463 477 417 146 6 157 Amount 106.29 211.47 356.88 406.12 364.63 341.84 315.47 194.65 977.305 82.5 Disbursed Nos. 135 288 477 497 464 396 290 179 119 5 9 6.49 Amount 98.92 191.53 296.77 327.37 289.95 247.1 163.37 121.11 845.694

Sl No 1 2 3 4 5 6 7 8 9 10 11 12 •

Year

Nos. of Benef. Trained

Empl. Gen

1993 94 1994 95 1995 96 1996 97 1997 98 1998 99 1999 00 2000 01 2001 02 2002 03 2003 04 2004 05 Total

200 300 550 550 550 550 550 600 2000 300 * 1350 * 1400 8900

574 1339 1622 1537 1733 1699 2912 3249 3591 3356

152 316 586 589 415 494 551 549 1714 160

313 567 687 735 751 538 261 213 1267 18

2161 2

6528

501 6

3357.16

393 0

2588.3

5526

5350

• • •

Remarks - * : Under Implementation. Business Opportunities in Meghalaya Export Routes :

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• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

8 Nos. of Customs Stations Coal, Limestone, Boulders, Fruits Industrial Infrastructure Scheme Area Declared Income Tax Exemption Excise Duty Exemption Interest Subsidy on Working Capital : 3 % for 10 years Interest Subsidy on Term Loan : 4 % for 3 years Scheme Area Distance of Scheme Areas To Railhead International Airport Dhaka Mineral Base Limestone Based Industries Clay Based Industries Coal Based Industries Refractories : (Sillimanite & Fire Clay) Agro - Horticulture Alcohol from Tapioca Spice Oleoresins (Ginger, Turmeric, Tezpata, Chilies) Medicinal Plant (Taxus Baccata, Orchids & Floricultures) Tourism Wettest Place on Earth (Cherrrapunjee & Mawsynram) Wildlife Tourism (Balpakram National Sanctuary) Adventure Tourism (Caving & White Water Rafting) Golf Tourism (18 Hole Natural Golf Course) New Tourism Policy Declared Tourism Infrastructure in place Leather Industry : Business Opportunities : 25 Kms : 30 Kms 400 Kms

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• • • • • • • • • • • • • • • • • • • • • • • • • • • •

High Quality Hides 400 Heads Slaughtered Daily 83 Lakh Sq. ft. of Hide Per Annum Large Footwear Market North East India Alone – Rs. 130 Crores5% Local Production IT Industry Urban Literacy - 80% Good English Accent Conducive Climate Power Generation Existence of Hydro Power Potential 2800 MW 30 Potential Sites Investment Climate Supportive Financial Institutions Scheduled Commercial Banks – 180 Branches Central Incentives Transport Subsidy Income Tax Exemption Excise Exemption Capital Investment Subsidy Special Incentives for Food Processing Subsidy on Comprehensive Insurance State Incentives Power Subsidy : 30% Subsidy on drawal of Power Line (33 KV and above) Employment Subsidy Refund of Central Sales Tax

Why Meghalaya

Store House of Natural Resources 51

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• • • •

Liberalise Industrial Policy Absence of Labour Unions Skilled Man Power Locational Advantage for South East Asia Market

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KARNATAKA STATE FINANCE CORPORATION (KSFC)
KSFC is one of the fast track Term Lending Financial Institutions in the country, with assistance to more than 1,59,225 units amounting to nearly 8,537 crore rupees over the last 49 years in the State of Karnataka. It is one of the robust and professionally managed State Financial Corporations.

Services Offered
Term Loan Term Loan Term Loan Financial Services Financial Services Financial Services Financial Services Other Services Activities Eligible Sanction Procedure Disbursement Procedure Non Life Insurance Life Insurance UTI Mutual Funds Monitoring Agency Infrastructure Development

Activities/ Schemes For Financial Assistance General Scheme Assistance To Construction / Infrastructure Related Activities

Objective / Purpose For establishment of new Tiny/SSI/MSI/ Service units and for expansion/modernization/ diversification of existing units For establishing commercial complexes,residential apartments, development of residential layouts, group housing, industrial estates, software parks, godowns, warehouses, acquisition of ready built offices/new office building,sales outlets/showrooms and other other infrastructure projects like flyovers, bridges etc and construction,development and maintenance of roads. For setting up of medium and star category standard hotels in the state capital, district ad taluk HQ, important tourist centres. The hotels should have boarding, lodging and restaurant facilities and building plan approved by local authorities. Assistance for

Assistance To Hotels/ Restaurants

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Management And Entrepreneurship mobile canteens is also available. Setting up of amusement parks, convention centres, travel and transport, tourist service agencies and restaurants. For setting up clinic, nursing homes, hospitals, and for acquiring electro- medical equipment

Assistance To Tourism Related Activities Assistance To Doctors/Nursing Homes/Hospitals/ Electro Medical Equipments Assistance To Entertainment Industry Single Window Scheme

For construction and purchase of cinema halls and multiplexes, production of short TV serials and feature films, software for visual media publicity. To provide loan both for fixed assets and working capital to tiny and small-scale units whose project cost does not exceed Rs. 35 lakhs and working capital requirement does not exceed Rs. 15 lakhs. Short term loans to the existing successful units who require urgent working capital funds either to meet gap in the working capital requirements or funds required for executing the rush of orders and also for meeting statutory dues to government like payment of income tax, sales tax excise duty etc. This loan is also considered for developing/expanding new markets and opening LC for purchase of new equipments till a term loan is sanctioned and released. Assistance for rehabilitation of potentially viable sick units. Assistance for qualified professionals- management, accounting, medical architects, engineers, veterinary for setting up of business enterprises, private practice and consultancy services in their line of expertise. Assistance to small and medium scale existing units with good track record to undertake various activities necessary to increase their sales in the domestic and foreign markets and to create physical marketing infrastructure. Assistance to existing units with good track record for acquisition of existing assets. (Plant and machinery of reputed

Corporate Loan Scheme

Rehabilitation For Sick Industrial Units Assistance To Qualified Professionals

A.M.A.R.A (Assistance For Marketing Related Activities Acquisition Of Existing Enterprises

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Management And Entrepreneurship make with minimum of 10 years and industrial/commercial Small Road Transport Operators (SRTOs) Assistance For Acquiring Private Vehicles Acquisition Of ISO 9000 Series Certification properties with a minimum of 20 years of residual life. Assistance to small road transport operators to meet expenditure towards cost of chassis, body building, initial taxes, insurance etc. Assistance to individuals, firms and companies for acquisition of vehicles like cars, vans, omni buses, tractors etc. Assistance to existing industrial concerns in the SSI sector having a good track record, to meet expenses on consultancy, documentation, audit certification fees, equipment and calibrating instruments required for acquisition of ISO Financing Of DG Sets certification. Assistance for acquisition of DG sets/installation and construction of dg set etc. Assistance for acquisition of generators for purpose of hiring vehicles, trailers, DG sets and Office Automation Training Institution accessories also available. Assistance to existing units with good track record to acquire items like PCs, printer, copier, lax machine, telephone etc. Assistance to existing units with successful track record for setting up in-house training facilities including construction of building, acquisition of furniture, equipments etc.

CHECK LIST FOR PROSPECTIVE ENTREPRENEURS TO AVAIL FINANCIAL ASSISTANCE FROM THE CORPORATION Project Profile seeking information on the project and promoter, details of land, building, plant and machinery, power, water, marketing, arrangements for working capital, project cost and means of finance, securities offered etc., needs to be filled in, in addition to the Bio-Data & Networth Statement as per format.

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Management And Entrepreneurship Assistance will be extended as per the Scheme and Lending Policy guidelines discussing the sector under which a project falls such as Thrust, Normal, Restricted and Prohibited Sectors, stipulations on the extent of finance and collateral security to be offered by the promoter will be duly indicated. Along with the Project Profile and Bio-data and Networth statements, the promoter is required to submit copies of the following: a. Constitutional details – If it is a partnership firm, to submit partnership deed, Form A&C issued by the Registrar of Firms If it is a Company, to submit the Memorandum & Articles of Association, list of Directors, their share holding etc. b. Land details: Title deed, previous deed, land conversion order from the Deputy

Commissioner for non agricultural purpose, layout plan approval from competent authority, khata, tax paid receipts, EC for 15 years if own land In case of leased premises, submit lease deed including the special clauses stipulated by the Corporation, proof of title of the owner such as Khata/tax paid receipt etc. c.KIADB/KSSIDC – Allotment letter, lease cum sale agreement, possession certificate d. Building details: Building plan approval from competent authority such as

BDA/BMP/CMC/KIADB/KSSIDC/Local Planning Authority etc., plant layout, detailed civil estimates, construction permission from local authorities etc. e. Plant and Machinery – list of plant and machinery proposed with supplier and cost supported by copies of competitive quotations/proforma invoices. If the plant and machinery is proposed to be imported – copies of Chartered Engineer's Certificate to be submitted along with the proforma invoice. The minimum residual life should be at least 10 years. f. Marketing arrangements made. Market study duly discussing the demand supply position and gap there of etc.,if carried out may be submitted. Assurance letters/orders placed to also be submitted. Focus on backward and forward linkages essential.

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g. Collateral securities to be offered as per the lending policy of the Corporation to be adequately attended. Valuation of assets shall be based on present SR Rates/KIADB/KSSIDC allotment rates only for land and buildings to be assessed on WDV basis. (You may also download the formats of both Project Profile and Bio-Data & Networth Statement by clicking on the links shown above.The Soft Copies of both the documents, duly filled-in may be sent by email to jayaram@ksfc.in and eg@ksfc.net) Once the above details are submitted and prima-facie clearances on the documents are obtained from the legal department of the Corporation, the proposal will be placed before the Project Clearance Committee Meeting Chaired by the Managing Director with Executive Directors, General Managers (Credit, North Zone, South Zone), DGM (Credits-I), DGM (Credits-II), AGM (Legal) and AGM (BDCR) as members and convened by AGM (EG). The project will be deliberated and interacted with the promoter and once the proposal was found to be in accordance with the lending policy requirements, in principle clearance will be given on the spot and loan application form will be issued for the specified amount. The promoter is to submit the application in two sets with copies of all related documents, estimates, quotations, affidavit etc., Processing fee of 0.5% and Service Tax of 12.36% on the processing fee shall be paid while submitting the application. Upon scrutiny of the application the same will be forwarded to the Credits Department for processing. The Credit Department with its team of technical, financial, legal and marketing officers interacts with the promoter, inspects the locations of both primary and collateral securities' properties for valuation. After processing the proposal as per lending policy norms and reports on technical, financial, legal and marketing duly discussing the viability/feasibility the case will be placed for sanction by the competent authorities. Up-front fee of 0.5% shall be paid before disbursement of the sanctioned loan. The Corporation has fixed time standards for sanction of loans from 21 days to a maximum of 60 days depending on the type of loan. The Corporation has delegated powers of sanction by the Committees at various levels

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Management And Entrepreneurship Upto Rs.15 lakhs in the case of 'B' Grade Branches; Upto Rs.20 lakhs in 'A' Grade Branches Upto Rs.35 lakhs at Super 'A' Grade Branches and Upto Rs.60 lakhs at the Zonal Level. Higher amounts than the above will be sanctioned at Head Office. Limit of accommodation for –a.Proprietary concerns and partnership firms is Rs.2 Crore and b.Registered companies and registered cooperatives it is Rs.5 Crore. DISBURSEMENT PROCEDURE  After the sanction of loan it will bereleased subsequent to the borrower complying with all the terms and conditions stipulated in the loan sanction letter.  The first step is execution of necessary legal documents by the borrower with the Legal department of the Corporation. The borrower needs to make necessary upfront fee and legal fees, which is linked to the loan amount sanctioned at this stage.  The borrower has to obtain appropriate licenses/permissions from various statutory authorities depending upon the type of project as stipulated in the loan sanction letter.  The borrower has to first bring in his contribution/margin towards the assets being considered for financing by the Corporation. The loanee has to submit a Chartered Accountant certificate in a specified format indicating the investments made and the sources of funds.  The officers of the Corporation will visit the project site to ascertain the status of project implementation and also the amount invested in the project.  Eligible loan releases will be made considering the progress in implementation of project and also the securities created and after inspection.  The release towards building is considered after the promoter complying with the first investment clause. The loan towards building is released in suitable instalments after inspection.  If the borrower has already remitted his margin as advance for the acquisition of plant and machinery and submits required proof, the Corporation will issue commitment letter to the machinery supplier for the balance eligible loan amount. The committed amount will be

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Management And Entrepreneurship released to the machinery supplier once he supplies the machinery to the satisfaction of the Corporation and the borrower.  Similarly in respect of imported machinery, the Corporation facilitates opening of FLC after ensuring that the borrower complies required formalities.  The borrower will plough back the releases for creating further assets and he can obtain additional releases. A provision will be made in the loan amount itself for meeting interest during implementation. Necessary release and adjustment will be made out of the interest during implementation provided.  The process will go on till the borrower avails the release of entire loan amount and implements the project in total.  Periodic visits will be made by the officers of the Corporation to ascertain the status of project implementation and it will be monitored closely till the entire loan amount is released to the borrower NON-LIFE INSURANCE  Corporation has entered into an MOU with IFFCO TOKIO General Insurance Co. for marketing its non-life insurance policies.  This would enable the clients of KSFC to have credit and the insurance cover under one roof. The premium tariffs applicable are same as the other insurance companies and at no extra service charges. An exclusive Insurance Cell with well-trained staff is in operation at Head Office and also at all the Branch Offices. The details of the general perils covered are : 1. Fire 2. Earth quake 3. Burglary 4. Machinery breakdown 5. Marine 6. Cash safe/transit 7. Fidelity guarantee 8. Household insurance R.V.College of Engineering, Bangalore 59

Management And Entrepreneurship 9. Personal accident cover 10. Medical insurance 11. Vehicle insurance 12. Bankes indemnity 13. Trade and office 14. Electronic equipment LIFE INSURANCE KSFC has entered into strategic alliance with Life Insurance Corporation of India, the largest and the oldest Life Insurance Company of the country, to market its Life Insurance products. The Corporation will help the customers in identifying the tailor made policies suitable for their future financial needs and extend professional service from procurement of policies to settlement of claims/payment on maturity to the customers. The clients of KSFC can avail the group gratuity insurance scheme also for the welfare of their employees through Corporation. The services are available at no extra cost and at Head Office and at all the branches of the Corporation situated in the district head quarters. The Corporation believes that life insurance is not only an investment decision but also a risk protection. The key persons of the ventures who have availed the loans from KSFC can avail special policies to protect against the risk of burden of debt in case of happening of any unfortunate event to the key person. KSFC has well trained staff for servicing the clients of life insurance at Head Office as well as at all the branches

UTI MUTUAL FUND PRODUCTS KSFC has entered into MOU with UTI MF for distributing UTI MF products. UTI Mutual Fund is one of the leading Mutual Fund in the country. It has got more than Rs.1,35,000 crores worth of assets under its management. It has got more than 40 schemes to offer, suitable for short term and long term investments in the category of debt funds, balance funds and equity linked schemes. The individuals, co-operative societies, private limited companies, charitable

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Management And Entrepreneurship trusts and PF trusts, co-operative banks can invest their invesitable surplus in the UTI Mutual Fund products. The Corporation has got professionally trained persons to guide in the investment process of UTI Mutual Fund at Head Office and Branch Offices. The service carries no extra charges. MONITORING AGENCY As per SEBI guidelines any company which is issuing more than Rs.500 crore shares for subscription by the publicy, has to appoint a monitoring agency. KSFC is a notified agency for this. The work involves inspection of the books of accounts and physical assets of the company every six months, until the completion of the project to verify and certify that the proceeds of the issue are utilised towards the objects of the issue declared in the prospectus. The companies planning to issue IPOs can utilise the services of Corporation for Monitoring Agency assignment as per SEBI guidelines.

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